X @憨巴龙王

Market Analysis - The cryptocurrency market is evolving from an "A" phase to a "C" phase, indicating a shift from early adopters to less experienced participants [1] - Many individuals who achieved success in 2021 have either exited the market or are focusing on wealth management [1] - Current market conditions are challenging for newcomers ("C"), due to the prevalence of scams and insider trading [1] Individual Case Study - A trader named "麻吉" (Maji) experienced significant losses due to leveraged trading of $UNI, initially holding $1.09 million in unrealized profit from ETH positions [1] - "麻吉" (Maji)'s ETH and UNI long positions were repeatedly liquidated, reducing his account balance to $190,000 [1]